Nainital Bank - Home Page
  • Bank has opened it's 161st Branch at VILLAGE SAKENIYA, GADARPUR, DISTT UDHAM SINGH NAGAR, UTTARAKHAND and 162nd BRANCH AT VILLAGE RAJPUR, JASPUR, DISTT UDHAM SINGH NAGAR, UTTARAKHAND on 10th June, 2021.


  • Scrutinizer's report on postal ballot.new

  • Application for Secretarial Auditor In the Banknew

  • Bank opened it's 158th Branch at Talli Bamori, Haldwani and 159th Branch at Beria Daulat, Bazpur on 10th March, 2021. Sh. Dinesh Pant, Chairman & CEO inaugurated the Branches.new

  • Bank opened its 156th Branch at PRATAPUR, KASHIPUR, RAMNAGAR ROAD, Distt: Udhamsingh Nagar (Uttrakhand) and 157th Branch at Bharatpur, Kunda, Jaspur Distt: Udhamsingh Nagar (Uttarakhand) on 06th March, 2021 SH. Dinesh Pant, Chairman & CEO inaugurated the Branches.new

  • Notice for shareholder for postal ballotnew

  • Bank opened it's 154th Branch at THAKURDWARA, Moradabad (Uttar Pradesh) on 25th February, 2021. SH. Dinesh Pant, Chairman & CEO inagurated the Branch.

  • BANK OPENED ITS 153rd BRANCH AT RAJESHWARAM, DEHRADUN ON 19.02.2021.. SH. DINESH PANT, CHAIRMAN & CEO INAUGURATED THE BRANCH.

  • A Press Conference was called at 11.00 AM on 21.01.2021 at Bank's Head Office, Nainital wherein Bank's Chairman & CEO Shri Dinesh Pant appraised and eleborated before the Print and Electronic Media about the Financial Results and Progress of the Bank in different parameters as on 31st December, 2020.

  • *BANK OPENED IT's 151th at Branch at Nathuawala, Raipur, Dehradun and 152 nd Branch at Jhajra, Dehradun on 28 th December, 2020. Hon'ble Shree Dinesh Pant, Chairman & Chief Executive Officer Inaugurated both the branches*

  • BANK OPENED ITS 149th BRANCH AT BHAUWALA, DEHRADUN AND 150th BRANCH AT CHIDDERWALA, DEHRADUN ON 6th NOVEMBER, 2020. SH. DINESH PANT, CHAIRMAN & CEO INAUGURATED BOTH THE BRANCHES

  • BANK OPENED ITS 148TH BRANCH AT BHANIYAWALA, DEHRADUN ON 5TH OCTOBER, 2020. MR. DINESH PANT, CHAIRMAN & CEO INAUGURATED SAHASTRADHARA AND BHANIYAWALA BRANCHES.new

  • Bank opened its 146th Branch at Danpur, Rudrapur on 29.09.2020 and 147th Branch at Govindpuram, Ghaziabad on 30.09.2020. Mr. Dinesh Pant, Chairman & CEO of the Bank inaugurated both the branches.new

  • 98th Annual General Meeting of Nainital Bank held on 10th September,2020 through VC at Bank's Head Office, Nainital.new

  • Bank paid tribute to its founder father Bharat Ratna Pt. Govind Ballabh Pant on his 133rd birth anniversary on 10th September,2020.new

  • Notice for shareholders new

  • Bank celebrated its 99th Foundation day with great fervour and enthusiasm by organizing simple events and remembering and paying tribute to its founder fathers including Bharat Ratna Pt. Govind Ballabh Pant.new

  • Bank has opened its 145th branch at Jail Road Crossing, Haldwani on the auspicious day of Bank's 99th Foundation day. Our hon'ble Chairman & CEO Sh. Dinesh Pant inaugurated the branch.new

  • To fulfill its CSR responsibilities Bank adopted Himalayan black bear, Red Panda, Goral, Kaliji Pheasant and love bird for one year at G.B.O\Pant High Altitude Zoo at Nainital alongwith tree plantation activity on ceremonial occasion of Bank's 99th Foundation Day.new

  • IN VIEW OF COVID-19 CRISIS 'EMERGENCY CREDIT LINE GUARANTEE SCHEME' IS AVAILABLE IN OUR BANK FOR MEETING THE ADDITIONAL TERM LOAN/WORKING CAPITAL FACILITY UPTO 20% OF TOTAL OUTSTANDING AS ON FEBRUARY,29,2020 TO ELIGIBLE BUSINESS ENTERPRISES /MSMEs.new

  • Our Chairman & CEO Mr. Dinesh Pant has been elevated to TEG Grade / Scale VII in the rank of General Manager in Bank of Baroda w.e.f. 01.04.2020.new

  • Bank has launched COVID Emergency Credit Line (NCECL) loan scheme to provide liquidity support to borrowers impacted by COVID-19 pandemic.new

  • Bank has formulated Naini Kissan Credit Card (NKCC) scheme for meeting working capital requirements for animal husbandry and fisheries activities to help the farmers.new

  • Bank has also revised its SEED POLICY for credit facilities to seed processing units for FY-2020-21 wherein interest rate has been linked with CMR rating and collateral coverage.new

  • Mr. Dinesh Pant, Chairman & CEO, Nainital Bank donated his ONE month salary to "PM CARES" for COVID 19 outbreak victims.new

  • Nainital Bank is contributing Rs. 11.00 lakh (Rs. Eleven lakh only) for Chief Minister Relief Fund under CSR for COVID 19 outbreak victims. new

  • Employees of Nainital Bank contributed Rs. 14.20 lakh (Rs. Fourteen lakh twenty thousand only ) for "PM CARES" for COVID 19 outbreak victims.new

  • "Bank requires career oriented professionals as specialist officers in the category of Chartered Accounts, Credit Officers, Marketing Officers, IT Officers,Risk Officer, Planning Officer and Law officer". For details visit the Bank's website. new

  • Bank's esteemed customers are informed that the ATM withdrawal limit per Card per day reduced from Rs 40,000/- to Rs 20,000/- w.e.f. November 01,2018.

  • All esteemed customers holding magnetic cards are requested to get their cards replaced with EMV chip cards for uninterrupted card services.

162 Branches - 100% CBS/RTGS/NEFT Enable
Home > Business Banking > Vyapar Suvidha for Traders
Vyapar Suvidha for Traders
Schme For Financing Trading Activity - Vyapar Suvidha

Coverage & Eligibility : All individuals, firms, companies, regd. co-operative societies engaged in lawful trading of goods & commodities at least for last Two year.
Important-Proposals of HUF /HUF as partners and Public Limited Companies are not to be considered.
Purpose : For working capital requirement.

OR

For acquiring/purchasing assets i.e. fixtures & furniture, office equipment etc. to be used in the business.

OR

Non Fund Based Facility-LC, BG
Rate of Interest : Click here for latest Rate of Interest
Method of assessment
of working capital
: Maximum amount of limit will be lowest of the followings:

20% of accepted projected sales subject to verification of sales tax returns of previous years/quarters.

OR

Advance value of collateral (after adjusting of margin).

OR

Rs.2,00,00,000/- (Rs. Two Hundred Lac only).
Personal Guarantee : No Personal guarantee is required. However if immovable property stands in the name of another person his personal guarantee to be obtained.
Prime Security : Hypothecation of stocks.

Hypothecation of Book Debts.

Hypothecation of Assets created out of bank finance.
Collateral Security : Mortgage of immovable property (but not agricultural land), Face value of NSCs, KVPs, IVPs, and Banks own term deposit and life insurance policy (Surrender value).
Age of Property : Maximum 25 Years (building). In case the same exceeds 25 years, branch to get the property inspected by the approved architect of the bank and a certificate is obtained regarding soundness and remaining age of the construction (building) from him.
Period : For Over Draft

12 months, subject to annual review.

For Loan

Maximum 84 (Eighty Four) EMI depending on the repaying capacity, subject to annual review. The DSCR should be as per LPD of the Bank.
Credit Rating : Credit rating is not linked to pricing of Loan. However Minimum credit rating should be B, while sanctioning/enhancing/reviewing the credit facility. Credit rating should be carried out on the revised enclosed format.
Take over Norms : Current ratio Min-1.17:1

DE ratio Max. 6.00:1

All other takeover norms as prescribed in Loan Policy Document are to be complied with.

Application for Financial Accommodations